The Senate Appropriations Financial Services Subcommittee...
The Senate Appropriations Financial Services Subcommittee wants to “fully fund” what it considers two key agencies, it said Tuesday -- the FCC and FTC. It recommended far more money for the FCC in FY 2015 than what the House has…
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begun to suggest. The Senate subcommittee cleared an appropriations bill at a meeting Tuesday morning, recommending $375 million for the FCC in FY 2015 “to ensure that the telecommunications networks are reliable and robust” and $293 million for FTC “to detect and eliminate consumer fraud and promote consumer privacy,” as Subcommittee Chairman Tom Udall, D-N.M., said at the meeting. The FCC had requested $375.38 million for FY 2015 and in FY 2014 received $339.84 million. The House Appropriations Financial Services Subcommittee had cleared a bill last week that recommends $322.75 million for the FCC. The House bill would slate $293 million for the FTC, $5 million less than FY 2014’s enacted level and at the White House budget request, with no difference from the Senate subcommittee version. The full House Appropriations Committee will consider that bill Wednesday at 10 a.m. in 2359 Rayburn and this week has released a bill text (http://1.usa.gov/1jLsiWq) and accompanying report (http://1.usa.gov/ViQA4T).